AGC and the Secretary discussed top industry priorities, such as addressing the workforce shortage through skills training and attracting individuals to the construction industry, as well as the importance of safety on the job site.
AGC warns the IRS to look before it leaps into quickly rolling out prevailing wage and apprenticeship requirements—for which it has no internal expertise or experience—tied to new private development tax credits in the Inflation Reduction Act.
The Pension Benefit Guaranty Corporation (PBGC) has proposed a regulation regarding interest rate assumptions in determining a withdrawing employer’s liability to a multiemployer plan, which could have significant implications for the unionized construction industry.
The U.S. Department of Labor has put forth a new test for determining whether someone is an employee or independent contractor under the Fair Labor Standards Act that could tilt the balance in that determination towards employee status.
A federal court ruled against the Deferred Action for Childhood Arrivals (DACA) program and thereby placed the program’s future and the nearly 100,000 individuals in the construction industry working under DACA work authorization under legal threat.